Tuesday, August 20, 2013

California is screwing with energy markets

The have yet again inserted price controls, prefering to buy renewable sources as a priority, with subsidies, and fossil fuel sources secondarily. The result is that traditipnal power sources will be back up. Hence traditional power canmot set a future price for intermittent power generation. That is unprofitable, so umder the current scheme, California rate payers will pay a huge price for traditional power.

We will get Emron all over again, and we know, ahead of time, who caused the next fiasco in emergy, the California Undemocratic Party. Cal Watch has the details.

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